Dollar gets little lift from boost in Fed hike expectations
https://economictimes.indiatimes.com/markets/forex/forex-news/dollar-gets-little-lift-from-boost-in-fed-hike-expectations/articleshow/133859405.cms
The dollar faced pressure on Monday as Middle East tensions fueled inflation concerns. Global central banks may tighten policy together, impacting currency markets. Traders are pricing in a Federal Reserve rate hike, awaiting inflation data. The Japanese yen strengthened significantly on expectations of a Bank of Japan hike. Other currencies like the Australian dollar saw modest gains while Bitcoin steadied.
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